Plan Ledger DOL Form 5500 · updated monthly

Carey International, Inc.401(k)

CAREY INTERNATIONAL INC 401(K) RETIREMENT PLAN · FREDERICK, MD · plan year 2023

Reported admin expense ratio · 2023
0.02%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Carey International, Inc. reported $5,267 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $834 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 551st-largest of 1,671 plans among Maryland employers on file, and the 626th of 2,677 in transportation & warehousing. In 2023, employees put in $6.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,251,450
Participants with balances614
Active participants301
Employer contributions$250,998
Employee contributions$1,606,905
Employer contribution per active participant$834
Average account balance$41,126
Benefits paid to participants$2,283,403
Plan auditUnmodified (clean) audit opinion
AuditorBD & COMPANY, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 698 accts · $300K emplr
2023$25.3M · 614 accts · $251K emplr
2022$22.5M · 613 accts · $334K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,267
Total administrative$5,267
The Carey International, Inc. 401(k) match · 2023
Employer contribution per active participant$834
Median for plans this size$2,440
2024$912 per active participant
2023$834 per active participant
2022$1,049 per active participant

Carey International, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,267

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$13,602 · 0.05%
2023$5,267 · 0.02%
2022$8,568 · 0.04%
Same employer
Similar plansTransportation & Warehousing · Maryland
Peak Technologies, Inc. MD$93.3M · 0.09%
Cowan Systems, LLC MD$37.0M · 0.18%
Rukert Terminals Corp. MD$24.6M · 0.09%
Logistec USA Inc. MD$22.1M · 0.39%
H & M Bay, Inc. MD$18.8M · 0.50%
Samuel Shapiro & Co., Inc. MD$17.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521171965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.